Important Forex News of the Week
For the period from 3 to 9 August 2020
ISM Manufacturing PMI, United States
WHEN: August 3, 2020
WHAT WILL INFLUENCE: USD and related pairs
WHAT HAPPENED:
The Institute for Supply Management (ISM) Manufacturing Index shows business conditions in the United States manufacturing sector. This is a significant indicator of the overall health of the United States economy.
RBA Policy Rate, Australia
WHEN: August 4, 2020
WHAT WILL INFLUENCE: AUD and related pairs
WHAT HAPPENED:
The Reserve Bank Board makes decisions regarding interest rates. The announcement will be made in a press release at 2:30 p.m. after each board meeting.
Retail Sales, Europe Zone
WHEN: August 5, 2020
WHAT WILL INFLUENCE: EUR and related pairs
WHAT HAPPENED:
The Retail Sales Report is published by Eurostat and measures sales within the Eurozone retail sector compared to the previous month. This shows the performance of the retail sector in the short term.
ISM Non-Manufacturing PMI, United States
WHEN: August 5, 2020
WHAT WILL INFLUENCE: USD and related pairs
WHAT HAPPENED:
The Annual Gross Domestic Product Report is published by the U.S. Bureau of Economic Analysis and shows the monetary value of all goods, services, and structures produced in the United States during a given period.
Gross Domestic Product, Japan
WHEN: August 5, 2020
WHAT WILL INFLUENCE: JPY and related pairs
WHAT HAPPENED:
Gross Domestic Product is announced by the Cabinet Office and shows the monetary value of the total goods, services and structures produced in Japan over a certain period of time.
BoE Policy Interest Rate, UK
WHEN: August 6, 2020
WHAT WILL INFLUENCE: GBP and related pairs
WHAT HAPPENED:
The Bank of England (BoE) will reveal their policy rate.
Nonfarm Payrolls (NFP), United States
WHEN: August 7, 2020
WHAT WILL INFLUENCE:USD and related pairs
WHAT HAPPENED:
The United States Department of Labor publishes Nonfarm Payrolls. This report measures the number of salaried people in nonagricultural businesses.
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